Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2131 Broad St Lansdale, PA 19446-1083
    Back to Search
    Property profile & analytics

    2131 Broad St, Lansdale, PA 19446-1083

    View on Map
    • Office buildings
    • 18,348 SF
    • 1.33 lot acres
    Off-Market
    Property ID
    US73-5830160
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,700,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lice Clinics of America - Lansdale / Medical Clinic
    • THR Insurance Agency / Insurance Agency
    • Dental Solution USA / Production Facility
    • Doowon USA, Inc. / Equipment Importer
    • Local STD Testing Services / Std Testing Service

    Property Details for 2131 Broad St

    Year built
    2007
    Lot size
    1.33 lot acres
    Zone code
    LPO
    Property type
    Office buildings
    APN
    35-00-01135-00-9
    APU
    350001135009

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 28, 2006 $2,000,000 2131 North Broad Street Assocs Hidden Meadow INC Grant Deed $1.6M · Quakertown National Bank
    Apr 21, 2006 — Hidden Meadow INC — Trustees Deed · related $980k · Abington Bank
    Mar 2, 2004 — Hidden Meadow INC Hidden Meadow INC Quit Claim Deed · related —
    Oct 3, 2002 — Hidden Meadows INC — Trustees Deed · related $1.9M · Abington Bank
    Feb 11, 2002 — Hidden Meadow INC — Deed Of Trust · related $1M · Abington Bank
    Sep 21, 2001 — Hidden Meadow INC Sabokbar,nasser Grant Deed $175k · Abington Bank
    — — 2131 North Broad Street Assocs — Deed Of Trust · related $1.6M · Qnb Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,789,000
      Market price range: $1.73M - $4.62M
      AI Estimate
      $1,609,000
      Market price range: $1.16M - $3.66M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,575,000
      APARTMENT HOUSE (5+ UNITS)
      $2,550,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lansdale
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2605
    Latitude
    40.2617
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $33,307
    $0.00
    $0.00
    $831,960
    -
    $0.00
    $0.00
    $831,960

    Comparable in this City

    • Value Estimation
      $1,055,000
      9,716 SF

      2000 Bustard Rd

      OFFICE BUILDING
      2000 Bustard Rd, Lansdale, PA 19446-5701
      View Details
    • Value Estimation by Request
      2,600 SF

      631 Garfield Ave

      OFFICE BUILDING (MULTI-STORY)
      631 Garfield Ave, Lansdale, PA 19446-5602
      View Details
    • Value Estimation
      $4,815,000
      60,148 SF

      100 Main St

      OFFICE BUILDING
      100 Main St, Lansdale, PA 19446-2002
      View Details
    • Value Estimation
      $1,550,000
      10,347 SF

      881 Sumneytown Pike

      OFFICE BUILDING
      881 Sumneytown Pike, Lansdale, PA 19446-5413
      View Details
    • Value Estimation by Request
      3,890 SF

      31 Hancock St

      OFFICE BUILDING
      31 Hancock St, Lansdale, PA 19446-3808
      View Details
    • Value Estimation
      $1,255,000
      19,610 SF

      1101 Broad St

      OFFICE BUILDING (MULTI-STORY)
      1101 Broad St, Lansdale, PA 19446-5393
      View Details

    Similar Nearby for Sale

    • $850,000

      Adaptable Tudor Style Office Building

      Charming Tudor building with flexible spaces for diverse tenants.
      400 N Broad St, Lansdale, PA 19446
      View Details
    • Contact for pricing
      6,316 SF

      Premium Office Condo in Montgomeryville

      Excellent condition office condo with income and owner-user potential.
      105 Montgomery Ave, Lansdale, PA 19446
      View Details
    • $825,000

      Lansdale Commercial Property For Sale

      Three-story, 10,350 SF commercial property in Lansdale's Business District.
      43 W 2Nd St, Lansdale, PA 19446
      View Details
    • Contact for pricing
      9,852 SF

      Two-Story Building in Lansdale Borough

      Two-story, 9,852 SF building in the heart of Lansdale.
      400 N Broad St, Lansdale, PA 19446
      View Details
    • $382,500

      Commercial Property in Lansdale, PA

      Commercial property suitable for office, retail, or service businesses.
      14 Lincoln Ave, Lansdale, PA 19446
      View Details
    • Contact for pricing
      8,000 SF

      Medical Office Property For Sale

      Single tenant medical office property leased to Jefferson Health.
      2010 N Broad St, Lansdale, PA 19446
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      117,293 SF

      Trophy Office Space Available

      Environmentally friendly office space in easily accessible location.
      890 Forty Foot Rd, Lansdale, PA 19446
      View Details
    • Contact for pricing

      Office Complex on Bethlehem Pike

      Office suites available for rent in Montgomeryville, PA.
      595 Bethlehem Pike, Montgomeryville, PA 19446
      View Details
    • $13 SF/Yr
      116,522 SF

      Renovated Office Building For Lease

      Newly renovated office building on a 44-acre private campus.
      1684 South Broad St, Lansdale, PA 19446
      View Details
    • Contact for pricing
      136,000 SF

      Class A Office Space Available

      Flexible office space near Pennbrook SEPTA station and Merck HQ.
      2100 Pennbrook Pkwy, Lansdale, PA 19446
      View Details
    • Contact for pricing

      Lansdale Office Space Available

      Move-in ready office space in the heart of Lansdale, PA.
      1970 N Broad St, Lansdale, PA 19446
      View Details
    • Contact for pricing
      7,108 SF

      Medical Office Space For Lease

      7,108 SF medical office space available for lease.
      909 Sumneytown Pike, Lansdale, PA 19446
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2131 Broad St
    Lansdale, PA 19446-1083
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2131 Broad St, Lansdale, PA, 19446
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!